Cardano founder Charles Hoskinson has not been invited to the White House crypto summit.
This week, all eyes in the crypto scene have been on President Donald Trump’s announced first-ever White House crypto summit slated for Friday, March 7, with the big question being who has been invited. It is the latest instance highlighting the president’s growing grip on the crypto industry, with his acknowledgement increasingly seen as a seal of approval.
Over the weekend, he had sent the market into a frenzy with mentions of projects he believed should be included in a proposed national crypto reserve.
But anyone who had thought that a mention by the president over the weekend guaranteed representation at Friday’s roundtable may be in for a rude awakening.
Cardano Not Invited
Despite Trump mentioning Cardano‘s native token ADA for inclusion in the proposed national crypto reserve, Cardano founder Charles Hoskinson has not been invited to the White House crypto summit.
“I have not been invited to go to this gathering,” Hoskinson, who claimed to have been in touch with White House officials this week, told followers in a live stream on Thursday, March 6.
“We were told that there’d be a list that comes out on Monday. We did not get an invitation on Monday, we did not get an invitation on Tuesday. We did not get an invitation today, on Wednesday. So, I’m going to operate under the assumption I have not been invited to go to this gathering,” he said.
But Cardano may not be the only major crypto project that has been snubbed.
Despite a list making the rounds online, the only confirmed attendees to the summit at this time are Strategy Chairman Michael Saylor, Robinhood CEO Vlad Tenev, Coinbase CEO Brian Armstrong, Kraken CEO Arjun Sethi, Bitcoin Magazine CEO David Bailey, Exodus CEO J.P. Richardson, Paradigm co-founder Matt Huang, Multicoin Capital co-founder Kyle Samani, Chainlink founder Sergey Nazarov, and Zach Witkoff, the co-founder of Trump’s family crypto project World Liberty Financial.
Cardano Still Involved in Shaping Policy?
During Thursday’s live stream, Cardano’s Hoskinson painstakingly tried to downplay the importance of the White House summit while stressing that the actual crypto policy work lay with the legislative arm.
On this front, he suggested that Cardano was fully involved, citing frequent meetings with lawmakers without offering specific names.
“I had travel plans to go to Japan, supposed to get on a plane here in a little bit, and I will be Friday, the seventh in Japan. I’m going to operate on the assumption that I’m not going to this event, especially after this video, and that’s okay. I’m always available for a phone call, and I’m always available for email and my very strong opinions about things, where they should go, what they should do, how they should do things. And I’ll express those opinions to those who ask me,” Hoskinson asserted as he wrapped up the stream.
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